The Raw Steels Monthly Metals Index (MMI) fell by 3.04% from September to October. U.S. steel prices continued to drop throughout September. However, declines for both hot rolled coil prices and cold rolled coil prices slowed to a sideways trend. Plate prices, which have shown the most strength of steel prices, traded down for the second consecutive month. They now sit at their lowest level since September 2021. U.S. Steel Idles Two Furnaces as Steel Prices Slide As steel prices continue their slow descent, one steelmaker…
